Daily Alpha and Summary. 20, October, 2023.
Defi
Uniswap founder, Hayden Adams burned 99.99% of the HayCoin supply, a test coin he launched in 2018, due to discomfort owning most of it
GRVT, zksync’s first hybrid DEX. Will operate as a hyper chain which will connect to every dapp on zksync eco to power 600k trades per sec
Funds accumulating #LDO
Celestia launches Blobstream a DA solution to allow devs integrate its tech which will provide dedicated blobspace priced independently of ETH gas costs to maximize data throughput.
Sol bullish thesis
Built by yearn finance, a new protocol to help you get yield w/o stress on portfolio management
New protocol, an Aggregator of all crypto mixers— MLProtocol
New socialfi protocol on Base
Lending protocol on Scroll
Seedless wallet, Ryder, raises $1.2M seed round led by @OakGroveVC, @BTCFrontierFund, @muneeb from @trustmachinesco and SBX Capital among others.
Beluga raises $4M led by @FinVentureCap, @anagramxyz, @UDHCFinance, @DispersionVC, @Aptos_Network, @2PunksCapital, @borderless_cap, @kybercap, @186Ventures, W11 Capital, @rubikvc and others. They aim to guide newbies into web3 with effect products
NFT
Metaverse super App, @UplandMe secures a $7M Series funding backed by EOS ventures leading to it’s total funding to $27M
Darewise raise $5M token presale for token to be launched on Bitcoin and token to be adopted by @LifeBeyond Bitcoin MMO game
Crypto Daily News
Bank of America sees huge largest weekly outflow from cash ever
Daily Crypto News